Greenville-Spartanburg occupancy will decrease due to new deliveries
- 1,691 units will deliver in 2022
- Occupancy rate is decreasing due to new deliveries each quarter
The Greenville-Spartanburg multifamily demand has kept pace with new deliveries until this quarter. There are 1,691 scheduled to deliver by year-end and another 2,772 units are under construction. Absorption peaked during the second quarter of last year.
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